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Well Located Freehold Restaurant & Takeaway Investment

KFC, Roundswell Services, Roundswell, Barnstaple, Devon, EX31 3RZ

£1,250,000
Commercial
About this Property
2024-06-11
1250000
Traditional
Commercial
Description

Well Located Freehold Restaurant & Takeaway Investment for sale at KFC, Roundswell Services, Roundswell, Barnstaple, Devon, EX31 3RZ. This commercial property has a freehold tenure and features a drive-thru let to Clokken Limited, with a guarantor from KFC (GB) Ltd. The drive-thru area comprises approximately 240 sqm (2,583 sqft) and includes 14 car parking spaces on a site area of approximately 0.44 acres (0.18 hectares). The lease is set to expire in October 2043 with fixed uplifts of 2.5% per annum compounded every 5 years, with rent rising to £102,407 per annum in

Location
More Information
Freehold
KFC
Planing Authority
North Devon LPA

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